Live Breaking News & Updates on Correspondent Lending

Stay updated with breaking news from Correspondent lending. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Hedging, Wholesale and Correspondent Products, 4506 vs. 8821, U/W Automation, Recapitalization Possibilities

Not all, but many, capital markets folks spent their college years rolling up their sleeves. Some not so much. When originators are asked about interest rates, some LOs may use the line in the clip above: “Oh, man. I only ride them; I don't know what makes them work.” (The current STRATMOR blog is titled, “Relying on the Fed: How Did This Happen?”) Yesterday the Federal Reserve Open Market Committee (FOMC) grabbed the headlines, despite doing exactly what everybody expected them to do: leave rates unchanged. Inflation is still higher than the FOMC would like. Certainly, insurance costs, whether they be homeowner or car, are inflationary. It would be foolish to blame the Biden Administration, or any administration, for things like insurance costs, ships running aground in the Suez Canal, a drought in Africa, or what OPEC does. Such is life, and one needs to ask how much more government interference we need or want. In my opinion, a president consultin ....

New York , United States , Todd Lautzenheiser , David Lazowski , Gray Christmas , Eric Brennan , David Hrobon , Karen Russell , Jay Powell , Alex Clark , Zeenat Zonte , Bill Parnell , Ben Itkin , Steve Jacobson , Joe Matteo , Brent Amos , Michael Milich , Marty Yocum , Derek Lewis , Troy Baars , Peter Idziak , First Merchants Bank , Correspondent Community Lending Program , Freddie Mac Primary Mortgage Market , Plainscapital Bank National Warehouse Lending , National Secondary Conference ,

Hedging, Guideline Search, VOI and VOE Tools; Rocket Earnings; Events and Training

“Alexa, where’s my damn package?” (Page down 3-4 times to the video.) Life is full of surprises, good and bad. Rates aren’t a surprise… The U.S. Federal Reserve can only do so much about inflation. Geo-politics are a big deal, of course, and there is nothing our Fed, tasked with maintaining economic stability in this country, can do about those. Vendors and lenders are doing what they can, cutting over-capacity and expenses. Capital markets staffs everywhere are interested in which investors have pushed out the $2,500 Freddie and Fannie month-old HomeReady credit, as well as non-QM, jumbo, co-issue, and servicing buyers. (STRATMOR’s current blog is titled, “It’s 2024: Do You Know Where Your Servicing Is?”) Speaking of capital markets, today’s TMC Rundown features Mutual of Omaha’s Matt Nyman. (Found here, this week’s podcast is sponsored by Truv. Truv lets applicants verify income, employment, assets, i ....

United States , New York , Denese Carty , Carla Johnson , Robbie Chrisman , Gabe Minton , Martin Lavelle , Priscilla Almodovar , Matt Brammer , Michael Crockett , Craig Hoff , Neighborworks America , Altamonte Hilton , Chuck Cain , Rob Chrisman , Chris Bennett , Ginnie Mae , Peter Akwaboah , Gen Xers , Matt Nyman , Matthew Nyman , Marina Walsh , Bowen Lee , Federal Reserve Bank , Rocket Companies Inc , Broker Services ,